A Step-by-Step-Guide on how to buy Qtum (QTUM)
Step 1 – Join CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Qtum (QTUM) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Qtum (QTUM) Once your deposit has been verified, you'll immediately have access to your finances and you can initiate invest and trading. To buy Qtum (QTUM) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover Qtum (QTUM), you'll need to insert the cointype (QTUM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this also. Click on “QTUM/BTC” to go on.
Step 4 – Acquisition of Qtum (QTUM) As soon as you've spotted Qtum (QTUM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The ”Price” field will be filled automatically with the most latest valuation Qtum (QTUM) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of QTUM you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of QTUM. When you're glad, click on “Buy QTUM”. Your plan will be filled when a Vendor sells their QTUM for the price you submitted.
Step 5 – Withdraw Qtum (QTUM) Unless you're trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To take off your Qtum (QTUM), hover over the ”Funds” tab and click on “Withdraw”. Qtum (QTUM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Qtum (QTUM) by using the provided drop-down box. Enter the amount of Qtum (QTUM) you would like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, click “Submit”. You may be asked for email/phone verification before a withdrawal.